Types of uncertainty in transport sector megaprojects
| # | Type of uncertainty | Focal aspects |
|---|---|---|
| 1 | Uncertainty associated with estimates | Variability in estimates: size of parameters (i.e. time, costs, demand, benefits and quality) |
| Basis of estimates: assumptions and production of estimates, behavioural changes and economic and social developments | ||
| 2 | Uncertainty about project design and logistics | Project output, the development process, construction, novelty of design and technology and technological developments |
| 3 | Uncertainty about objectives and priorities | Clarity of objectives, interdependencies and trade-offs between objectives; and new environmental targets and policies |
| 4 | Uncertainty related to fundamental relationships between project parties | Interests, roles and responsibilities of project parties |
| # | Type of uncertainty | Focal aspects |
|---|---|---|
| 1 | Uncertainty associated with estimates | Variability in estimates: size of parameters (i.e. time, costs, demand, benefits and quality) |
| Basis of estimates: assumptions and production of estimates, behavioural changes and economic and social developments | ||
| 2 | Uncertainty about project design and logistics | Project output, the development process, construction, novelty of design and technology and technological developments |
| 3 | Uncertainty about objectives and priorities | Clarity of objectives, interdependencies and trade-offs between objectives; and new environmental targets and policies |
| 4 | Uncertainty related to fundamental relationships between project parties | Interests, roles and responsibilities of project parties |
Note(s): Adapted from Ward and Chapman (2003), Atkinson et al. (2006) and Rothengatter (2019)
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